£246,916
This estimated value is based upon the latest sale price for the house of £175,000 on 7 Aug 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Gippeswyk
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28 Southernhay, Basildon, SS14 1EL
Phone: 01268661439
Price Paid | Date |
---|---|
£175,000 | 7 Aug 2015 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 678 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in August 2015 the House Price Index for ESSEX was 104.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 41.095%.Applying this 41.095% change to the original purchase price of £175,000 results in an estimated price of approximately £246,916.
7 Aug 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 146.7 | 41.095 % | £175,000 | £71,916 | £246,916 |
The Postcode Pricing Model uses changes in average sales price within the SS14 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 50.172 % | £87,800 | £262,800 |
3 Month Average | 131.716 % | £230,502 | £405,502 |
6 Month Average | 80.096 % | £140,168 | £315,168 |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 9 Aug 2016.
The average size of a house on GIPPESWYK is 93 sq meters (1,003 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (678 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Gippeswyk |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gippeswyk |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Gippeswyk |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Gippeswyk |
Dec 2023 | Vehicle crime | Under investigation | On or near Copdoek |